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Meet Jackie. She and Her Husband Paid off $147,000 in Debt | Debt Free Stories

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About $52,000 of that $147K was consumer debt (credit cards, a student loan, a car loan, a home improvement loan, etc.) But it wasn’t a decade of nothing but paying off debt. When we first started we couldn’t have even conceived of becoming completely debt free. What inspired you to get debt free?

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Meet Amanda & Daniel. They Paid Off $68,000 in Debt in 8 Months.

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Daniel can work anywhere there is an internet connection and the kids can homeschool anywhere, but we didn’t have the money to buy the plane tickets or book AirBnB apartments. Did you follow a particular debt freedom plan or book, such as Dave Ramsey or Debt-Proof Living? What are your financial goals now?

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Find Out How Olivia & Her Husband Paid off Their Mortgage in 33 Months

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The first and most important step to paying off our house, was buying a house we could afford. We made sure we could afford the monthly payments on a 15 year mortgage, with the mindset that we would pay more each month. What inspired you to get debt free? There were two things that inspired us to pay off debt.

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Find out how Jessica paid off $56,000 of student loans, credit cards, and a car loan.

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Once I got home from that money changing event at my grandparents’ house, my best friend told me about this financial series she and her husband had been going through at church called Financial Peace University (Dave Ramsey). I was very excited about it and ended up buying Dave Ramsey’s book, The Total Money Makeover.

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How We Paid off Six Figures of Debt

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In September 2019, my husband and I accomplished our biggest financial goal in our almost 20 years of marriage. It was so big that I cried for two days straight– we paid off six figures in non-mortgage debts. In 2020, we still use and are thankful for Medi-share. We moved the goal post multiple times.

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Find out how Richard paid off $40,000 of debt

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Firstly, I was offered a better-paid job but needed a vehicle to get there, so I took out a loan to buy one. At the same time my credit card debt was slowly creeping upward too thanks to my minimal income. I was earning more each year and the debt I was carrying was covered each month without too much worry.

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Find out how Lydia & her Husband Paid off $36,000 in Debt in 2 Years

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What are your top 3 – 5 tips for saving money/pinching pennies to put towards paying off your debt. Don’t buy stuff you don’t need even if it seems like a great deal. Decide here and now what your goals are and write them down. Who initiated the debt free goal? To pay off our home early.

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